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. >> we have massive deficit, big tax increase. no apparent willingness to get government off people's backs by reducing government spending. all of that is a heavy weight on the private sector. firms around the nation are sitting on their cash instead of creating jobs. >> on wednesday, the commerce department announced economic growth fell to a minus tenth of a percent, the last three months of last year. so the chairman of the president's council of economic advisors says other indicators remain positive. >> consumer spending increased. business investment; particularly, for equipment and software was strong. residential construction was strong. we are seeing signs of that in the jobs report. >> it also showed a larger number of people dropped out of the labor force than found jobs. former administration economist says some of that is to be expected. >> the population is aging, so we expect to have a fair number of people retiring every month for the next ten years or more as the baby boom is retiring. >> actually, the conference
. >> we have massive deficit, big tax increase. no apparent willingness to get government off people's backs by reducing government spending. all of that is a heavy weight on the private sector. firms around the nation are sitting on their cash instead of creating jobs. >> on wednesday, the commerce department announced economic growth fell to a minus tenth of a percent, the last three months of last year. so the chairman of the president's council of economic advisors says other...
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and we also saw retail jobs hold in there, even as a payroll tax expiration, the holiday expiration, many worry that you see retail jobs get hit. that didn't happen at you will. we saw so much information, some of it conflicts, wolf, about what is happening on the economy. gdp over here on the bearish side of the ledger. it actually sha rank. that's a job concern. jobless claims rose in the recent week. consumer confident got hit. but durable goods, home prices, the fed, private sector job growth, all of those are lining up in favor of continued growth in the u.s. economy. wolf? >> christine, thank you. >>> president obama reportedly will be changing offices in the coming months, at least for a temporary period. the president will move out of the white house oval office into a replica across the street in the eisenhower executive office building. the current oval office was built during franklin roosevelt's term. it's due for a major, major renovation. >>> sad news from former president george w. bush and his wife laura, their 12-year-old dog has died. barney guarded the south lawn e
and we also saw retail jobs hold in there, even as a payroll tax expiration, the holiday expiration, many worry that you see retail jobs get hit. that didn't happen at you will. we saw so much information, some of it conflicts, wolf, about what is happening on the economy. gdp over here on the bearish side of the ledger. it actually sha rank. that's a job concern. jobless claims rose in the recent week. consumer confident got hit. but durable goods, home prices, the fed, private sector job...
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. >> the whole issue of the uncertainty and people don't know if the taxes increase that's smoke and mirrors of wall street? >> convenient excuse. they're not spending money because they just haven't believed to make money spending it. >> the purpose of business is not to create jobs. it is to create profits and the line we had last year in the debate in the election was just a farce. if you can make money in your bottom line every quarter and not have to hire as many people, why would you hire more people? >> right. >> because they realize they can make more with less so the idea the corporations get more money and reduce taxes, hire people is not connected with reality. it is not the way business operates. >> buy a robot instead of hire ten people which is exactly what companies do. >> plenty of companies have done th that. thank you very much. >>> we have new information on the embassy attack on turkey. at least two people are dead. several injured. we have the latest on what the white house calling an act of terror. >>> and after being criticized by religious groups, for the cont
. >> the whole issue of the uncertainty and people don't know if the taxes increase that's smoke and mirrors of wall street? >> convenient excuse. they're not spending money because they just haven't believed to make money spending it. >> the purpose of business is not to create jobs. it is to create profits and the line we had last year in the debate in the election was just a farce. if you can make money in your bottom line every quarter and not have to hire as many people,...
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i will be pouring a lot into the tax coffers. that will make a difference in terms of people who are less skilled if we think we will have a safety net that has to be funded spirit take the immigration system off the table, a lifetime net tax rate is going up no matter what we do. for the baby boomers, that tax rate is in the neighborhood of the 20's. where now talking about a tax rate in the 70 +. you want to look the will make that possible impact in that fiscal terms. that is a crude way of talking about it, but in humanitarian immigrationen't any enforcement regime, we are doing something that is on sound. step one, acknowledged that in the immigration law that says a person, is not a bad person >> there were 13.6 million people who apply for diversity lotteries in 2010. those people were an understatement, because they were heads of households who had a spouse and kids. all but that number by two, three, four. think about the number of people without a high-school diploma. these are not bad people. step one, understand not o
i will be pouring a lot into the tax coffers. that will make a difference in terms of people who are less skilled if we think we will have a safety net that has to be funded spirit take the immigration system off the table, a lifetime net tax rate is going up no matter what we do. for the baby boomers, that tax rate is in the neighborhood of the 20's. where now talking about a tax rate in the 70 +. you want to look the will make that possible impact in that fiscal terms. that is a crude way of...
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wall street got all excited after tax records showed that a close out 2012 with more jobs being created than expected within the last few months of the year. certainly a positive sign for the economy. we're still above that mark. just 200 points away from an all-time high. we will be watching this market very closely. the s&p closing out its best january since 1997. if you're a woman chances are the guy sitting next year is getting paid more than you are. men out earned women in all 21 professions that bloomberg looked at for 2007. a man earning 62% more than their female counterparts as doctors. men may outturn women but we will know how to spend it. a lot of women know this brand. mary kay cosmetics. they're celebrating their golden anniversary. the cosmetics company revamping their website. this mobile shopping is your thing mary kay plans to debut a mobile version of the web site. thanks teal. still to come this midday. the medicine in your cabinet that's being recalled. but first, country star brett eldredge is here. he's talking with dina right now hey dina! we are so happy that y
wall street got all excited after tax records showed that a close out 2012 with more jobs being created than expected within the last few months of the year. certainly a positive sign for the economy. we're still above that mark. just 200 points away from an all-time high. we will be watching this market very closely. the s&p closing out its best january since 1997. if you're a woman chances are the guy sitting next year is getting paid more than you are. men out earned women in all 21...
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this theme that republicans and arch conservatives in the republican party really care about cutting taxes on the rich, but when you study the tea party and the folks in the tea party, the thing they actually really care about is immigration. it's a big priority for them. they do not want to offer "amnesty" of any kind. effectively, in taking up immigration reform, the elites of the party have told, you know, tea partiers and arch conservative elements, hey, we're not going to listen to you on this. what kind of -- >> i mean -- >> but does that -- i mean, i don't know. >> i think he is right about that, but i would take that -- i would flip it and reverse it because i think it implies there isn't latinos, which is really what the immigration reform compromise is all about are voting for democrats purely on the basis of immigration issues, which may be part of it, but also the other half of that gop elite equation is cutting very popular social insurance programs, so it's not clear that even if republicans piss off their base by going for immigration reform, that is enough for latino voters
this theme that republicans and arch conservatives in the republican party really care about cutting taxes on the rich, but when you study the tea party and the folks in the tea party, the thing they actually really care about is immigration. it's a big priority for them. they do not want to offer "amnesty" of any kind. effectively, in taking up immigration reform, the elites of the party have told, you know, tea partiers and arch conservative elements, hey, we're not going to listen...
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so that they're not double taxed. another thing that both the white house agrees on, the business community agrees on, republicans agree on is corporate tax reform. lower the corporate rate, close loopholes, and there are studies that show that could add as much as a percent to gdp. all of this would help companies bring more investment back to the u.s. and invest in jobs, and the white house has not shown leadership on either. jon: it would be good to see something work. nina easton, austan goolsbee, thank you both. >> thank you. >> thank you. jenna: dangerous new concerns about al-qaeda. the terrorist group is reportedly on the hunt for new western targets. coming up, we're going to tell you who exactly they could be targeting next. >>> also a day of remembrance today. nasa paying tribute to the men and women of space exploration who made the ultimate sacrifice for our country. >> i know it's hard to understand, but sometimes painful things like this happen. it's all part of the process of exploration and discovery.
so that they're not double taxed. another thing that both the white house agrees on, the business community agrees on, republicans agree on is corporate tax reform. lower the corporate rate, close loopholes, and there are studies that show that could add as much as a percent to gdp. all of this would help companies bring more investment back to the u.s. and invest in jobs, and the white house has not shown leadership on either. jon: it would be good to see something work. nina easton, austan...
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, higher taxes lead to greater economic distortions. again suppressing gdp. and again those facts are not in the basic cbo projection but our fiscal future is much scarier than he usually cbo shows. as government spending grows in coming decades, gdp will be suppressed more and more. it will sort of be like a fiscl death spiral in coming decades unless we make major reform. so those are the big picture problems of federal spending, and these are often discussed by budget wonks and others in washington. however, all federal spending is spending on particular programs. spending is not just bad because it leads to these overall macro economic problems. spending a many hundreds of particular federal program caused damage to society and harm individual freedom and grid all kinds of other problems. so the issue with federal spending on the federal budget is not just the question of whether $3.6 trillion is too much to spend this year. but the problem is whether spending on the hundreds of particular federal programs causes damage to society a
, higher taxes lead to greater economic distortions. again suppressing gdp. and again those facts are not in the basic cbo projection but our fiscal future is much scarier than he usually cbo shows. as government spending grows in coming decades, gdp will be suppressed more and more. it will sort of be like a fiscl death spiral in coming decades unless we make major reform. so those are the big picture problems of federal spending, and these are often discussed by budget wonks and others in...
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that is not about taxes. it could become about taxes. we seem to have no new federal tax increases on the horizon. you never know how things will shake out. host: brian. new york says he is doing better and worse. tell us why. caller: the question reads, how are americans doing financially? my company, which is an oral -- auto repairs and auto parts, had a decrease in business and revenue in 2012. we have strong years and 2009, 011.0, and 2 when people keep their cars longer, we tend to be busy. looking at myself in 2012, we had some difficulties last year achieving the goals that we established for sales. however, it indicate that the economy is getting better. i have been in this business 35 years. that is consistent. a lot of our regular customers that were hanging onto their cars have bought new cars. if not new, at least one or two years old. that is a good indication that the economy is slowly coming back. guest: for small businesses they are often sole proprietorships or partnerships where the income directly goes to the person wh
that is not about taxes. it could become about taxes. we seem to have no new federal tax increases on the horizon. you never know how things will shake out. host: brian. new york says he is doing better and worse. tell us why. caller: the question reads, how are americans doing financially? my company, which is an oral -- auto repairs and auto parts, had a decrease in business and revenue in 2012. we have strong years and 2009, 011.0, and 2 when people keep their cars longer, we tend to be...
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sluggish challenged by a steep decline in defense spending and the impact of higher social security taxes. susan mcginnis is in washington this morning. susan, good morning. >> anne-marie, good morning. yeah, we have an economy that's still struggling despite some positive signs like higher consumer spending, higher business investment. the job market is similar. we expect sluggish growth in today's report. of course, any surprises there could jolt the market. wall street is eagerly awaiting the government's january jobs report. analysts predict the country added jobs last month but not enough to buck the unemployment rate from its current 7.8%. >> it's been a slow process. >> latoya patrick is one of america's estimated 12 million unemployed workers. she's been looking for a job since the fall after graduating with a master's degree. >> i'm not going to lie. it's been really tough sometimes. when you're home, you feel like you feel like you know i spent all this time going to school and it's like nobody's giving you a chance. >> economists say until more people like latoya find jobs the
sluggish challenged by a steep decline in defense spending and the impact of higher social security taxes. susan mcginnis is in washington this morning. susan, good morning. >> anne-marie, good morning. yeah, we have an economy that's still struggling despite some positive signs like higher consumer spending, higher business investment. the job market is similar. we expect sluggish growth in today's report. of course, any surprises there could jolt the market. wall street is eagerly...
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under 65 just to earn i think 400,000 now before you begin increased taxes. it doesn't make sense. medicare is not a cheap program and we all forget this. when you go into medicare you're paying to such a premiums if you're a couple. you are paying two sets of medigap coverage. you're paying two sets of part d coverage. just straight up monthly expenses for health care as delay dramatically at a time when you have probably a fixed income and less opportunity to increase the income in the future. i think we have to be very careful when we look at the beneficiary impact of changes and we need to really understand what we are talking about and how it's going to impact people. the cost sharing in medicare is very high, and so to increase those costs on people is a difficult thing to do. raising the age, all these things go together, and so i worry if we look at them in isolation you can miss some of the problems that happen. >> dana had a thought. >> i can't help but draw the parallel to the commercial side, where we have had for years efforts to try to get health care spending under c
under 65 just to earn i think 400,000 now before you begin increased taxes. it doesn't make sense. medicare is not a cheap program and we all forget this. when you go into medicare you're paying to such a premiums if you're a couple. you are paying two sets of medigap coverage. you're paying two sets of part d coverage. just straight up monthly expenses for health care as delay dramatically at a time when you have probably a fixed income and less opportunity to increase the income in the...
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tax situation we have? i guess that would be a passive, right? and probably at least acknowledging, if the democrats would acknowledge that entitlements are a problem, maybe that would help, right, even if you don't do it immediately? >> so here's the good news. good news is we're so far inside best practices for delivering fiscal policy there's lots of things that we can do to get us to a better position. republicans have to recognize you have to raise the average tax rate. democrats have to recognize the best way to do it isn't raising marginal rates and underwriting an inefficient system. >> as someone who spent last week at davos and he said that he talked to a large number of european ceos who are eager about investing in the united states because of our projected suspensionly lower energy policy because of shell of course we're going to get out of our way and saying let them do it. but that's encouraging that they can think about moving plants here now. >> absolutely. i was at davos, too, and the most
tax situation we have? i guess that would be a passive, right? and probably at least acknowledging, if the democrats would acknowledge that entitlements are a problem, maybe that would help, right, even if you don't do it immediately? >> so here's the good news. good news is we're so far inside best practices for delivering fiscal policy there's lots of things that we can do to get us to a better position. republicans have to recognize you have to raise the average tax rate. democrats...
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mcdonnell wants to get rid of the gas tax but raise virginia's sales tax from 5 to 5.8%. extra revenue goes to transportation. there is opposition to this. there was a prius parade around the capitolment they are against part of the proposal creating a $100 annual fee on alternative fuel vehicles. >>> if you live in d.c., your unpaid parking tickets may come back to haunt you. this year, the district is take money out of tax refunds from residents with outstanding traffic fines because of a new law that was passed recently. here are other fees that could take a chunk out of your refunds. unpaid child support, overpayment of unemployment benefits. >>> tommy wells is thinking about running for mayor. the ward 6 council member will launch an exploratory committee. that done mean you'll run in -- meanwhile, current mayor vincent gray has not said whether he'll run for reelection. >>> if you're getting your kids ready for school, listen to this one. millions of bottles of common cough syrup are being recalled this morning because of a possible poisoning risk. the child going d
mcdonnell wants to get rid of the gas tax but raise virginia's sales tax from 5 to 5.8%. extra revenue goes to transportation. there is opposition to this. there was a prius parade around the capitolment they are against part of the proposal creating a $100 annual fee on alternative fuel vehicles. >>> if you live in d.c., your unpaid parking tickets may come back to haunt you. this year, the district is take money out of tax refunds from residents with outstanding traffic fines because...
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. she can't always move the way she wants. now you can. with stayfree ultra thins. flexible layers move with your body while thermocontrol wicks moisture away. keep moving. stayfree. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. she can't always move the way she wants. now you can. with stayfree ultra thins. flexible layers move with your body while thermocontrol wicks moisture away. keep moving. stayfree. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back...
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that averts a government default and puts off a clash over taxes and spending for a few months. president obama said he will sign that bill into law. >>> now to a consumer alert for parents about a big recall of children's cough and cold medicines. the makers of triaminic and theraflu warning, they're recalling 2 million packages of medicine. tamper resistant caps may be faulty posing risk of poisoning and the recall follows a dozen consumer complaints. >>> history of priest abuse allegations made public following a court order against the l.a. catholic archdiocese. 30,000 pages of files surrendered. none of the names of the leaders will be blacked out in the documents. the archdiocese agreed to release paperwork which includes personnel files of 89 priests accused of sexually abusing children. the files include the names of anyone involved in possible cover-ups. >> they knew very well. now nobody can say we don't believe you. >> this proves, this really happened. on this scale. it was that bad. and now -- these are their records. >> the church has three weeks to release the doc
that averts a government default and puts off a clash over taxes and spending for a few months. president obama said he will sign that bill into law. >>> now to a consumer alert for parents about a big recall of children's cough and cold medicines. the makers of triaminic and theraflu warning, they're recalling 2 million packages of medicine. tamper resistant caps may be faulty posing risk of poisoning and the recall follows a dozen consumer complaints. >>> history of priest...
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a government investigation find s that the tsa is spending millions of tax dollars on dogs that can't detect explosives. dog teams were secretly followed for a year and failed to find bombs in passenger terminals. the report says the dogs are simply not being trained properly. >>> senate armed services committee could vote on the nomination of chuck hagel to be the next defense secretary. hagel faced off against some former republican senate colleagues yesterday in a bruising confirmation hearing. the sharpest exchange against senator john mccain who criticized hagel's opposition to the troop surge in iraq. and hagel apologized for using the term the jewish lobby in the past. >> i have already said i regret referencing the jewish lobby. i should have said pro israel. i think it is the only time on the record that i have ever said that. >> a republican plan to vote against him. he has backing among many democrats. >>> blinding snow blamed for a deadly pileup on a michigan highway. the mile long stretch of crashes involving 30 trucks and cars. three people were killed including two chil
a government investigation find s that the tsa is spending millions of tax dollars on dogs that can't detect explosives. dog teams were secretly followed for a year and failed to find bombs in passenger terminals. the report says the dogs are simply not being trained properly. >>> senate armed services committee could vote on the nomination of chuck hagel to be the next defense secretary. hagel faced off against some former republican senate colleagues yesterday in a bruising...
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region you should not start enbrel if you have an infection like the flu tell your doctor if you're prone to infections, haveuts or sores, have had hepatitis b, have been treated for heart failure, or
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain,...
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the speaker offered increased revenue from taxes. with less than two weeks to go, they thought they had a deal. it became known as the grand bargain. >> it's not every day that the speaker comes to see the president quietly and says, "i'm willing to do a deal" that everybody knows is going to be dangerous for him politically. >> narrator: back at the capitol, boehner would have to convince the new republicans to go along. >> john boehner discovers that dl making is t part of the program for a lot of these freshmen who have just come into office on the strength of conviction politics. >> these freshmen understood what washington was about and chose not to be of washington. and so they wouldn't cave like a typical politician did because they weren't typical politicians. they got elected on principle, not on politics. >> narrator: as the week wore on, obama began to worry about the grand bargain. >> he calls boehner that night and leaves a voicemail. boehner doesn't ck up. >> the president said, "get back to me tonight, john." the presi
the speaker offered increased revenue from taxes. with less than two weeks to go, they thought they had a deal. it became known as the grand bargain. >> it's not every day that the speaker comes to see the president quietly and says, "i'm willing to do a deal" that everybody knows is going to be dangerous for him politically. >> narrator: back at the capitol, boehner would have to convince the new republicans to go along. >> john boehner discovers that dl making is t...
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these are all the taxes on the regulation, complete us. if you do all these things come you don't have to worry about us, the state anymore. when i got into office, i never was able to do that. but still, simplicity is pretty big here. we've seen a think that the law passed a few years ago has taught us in games about the value of the default position about autoenrollment, automatic escalation henry no financial literacy is not a high level among a lot of of us, even if we spend a lot of time, these things can get confusing. we don't want to take anyone's freedom away to make his or her own decision about this. automatic enrollment, or automatic changes are default position said that her reflect the reality of an individual may be one promising further separate to take a new senior advice about what they should be as once said. it was this simple form because that's what i'm thinking. i wonder what happened if i invited to to write a fluorescent admitted to us. let's say you're about to go into business. dr. madrian compasses that she what
these are all the taxes on the regulation, complete us. if you do all these things come you don't have to worry about us, the state anymore. when i got into office, i never was able to do that. but still, simplicity is pretty big here. we've seen a think that the law passed a few years ago has taught us in games about the value of the default position about autoenrollment, automatic escalation henry no financial literacy is not a high level among a lot of of us, even if we spend a lot of time,...
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back to the "a-t officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. lori: majority of americans see federal government as a threat to their freedom, according to pew research, 63% said that government is a threat, and 43% do not believe that, this is a reversal from a decade ago. back with the a-team, monica crowley, michael murphy and sherri wha jack kobe is, let's k about jobs council shuttered by the president, what is the message that obama administration is sending about creating jobs. >> to me? >> yeah for you, sherri. >> qui
back to the "a-t officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ many hot dogs are within you. try pepto-bismol...
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which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota which had no state income taxes the poor are paying tax rates six times higher than the top one percent. this disparity has a lot to do is states moving away from progressive income taxes and towards sales taxes which are regressive since working people spend one hundred percent of their income and are thus taxed on one hundred percent of their income the billionaires on the other hand can't possibly spend all their income no matter what so they're taxed on only part of the ring conservatives want you to believe that half the nation doesn't pay taxes and that half of the nation is called takers
which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota...
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which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota which had no state income taxes the poor are paying tax rates six times higher than the top one percent this disparity has a lot to do is states moving away from progressive income taxes and towards sales taxes which are regressive since working people spend one hundred percent of their income and are those tax on one hundred percent of their income the billionaires on the other hand can't possibly spend all their income no matter what so they're taxed on only part of the ring conservatives want you to believe that half the nation doesn't pay taxes and that half of the nation is called takers b
which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota...
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Feb 1, 2013
02/13
by
FOXNEWSW
tv
eye 158
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. and save hundreds with our best offer yet, now extended due to popular demand. get an adt security system starting at just $49 installed, but only for a limited time. that's an instant savings of $250. don't leave your family's safety to chance. call or visit adt.com/tv. [ woman ] we had two tiny reasons to get our adt security system. and one really big reason -- our neighbor's house was broken into. what if this happened here? and since we can't monitor everything 24/7, we got someone who could. adt. [ male announcer ] while some companies are new to home security, adt has be helping to save lives for over 135 years. we have more monitoring centers, more of tomorrow's technology right here today, and more value. 24/7 monitoring against burglary, fire, and high levels of carbon monoxide starting at just over $1 a day. now our best offer has been
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. and save hundreds with our best offer yet, now extended due to popular demand. get an adt security system starting at just $49 installed, but only for a limited time. that's an instant savings of $250. don't leave your family's safety to chance. call or visit adt.com/tv. [ woman ] we had two tiny reasons to get our adt...
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Feb 1, 2013
02/13
by
CSPAN2
tv
eye 92
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and they start off with the 6.2% social security, medicare taxes. they have a menu labeling men date that is another $1,000 per restaurant. for each $1 increase in the minimum wage mandate that's nearly $25,000 per year. they have paid sick leave mandates, and i'm not litigating any issue. if you're operating a business, those are mandates you start out paying. and we have to be careful about thinking about new ones. then there's the health care mandates that are coming that are coming on. again, not for re-litigate them. if i were the owner of the twenty fast food restaurants, they tell me that they offer health care to their 542 employees, but only 34 take it. .. marmite to spend on saving for retirement, we need to be very careful about any new pastor mande on existing businesses. or in a case of health care the come at the same restaurants are reducing the number of employees they have been a number of full-time employees, people who work with than 30 hours of make as much money, therefore they may not have as much to retire. my point is number
and they start off with the 6.2% social security, medicare taxes. they have a menu labeling men date that is another $1,000 per restaurant. for each $1 increase in the minimum wage mandate that's nearly $25,000 per year. they have paid sick leave mandates, and i'm not litigating any issue. if you're operating a business, those are mandates you start out paying. and we have to be careful about thinking about new ones. then there's the health care mandates that are coming that are coming on....
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rates in order to broaden the overall tax base. the council's last official meeting one and one year ago. unemployment has dropped from more than 9 percent of the council's inception to the current rate of 78%, but more than 23 million americans remain of work or are stuck in part-time jobs , wanted full-time work for. meantime, we learned initial jobless claims rose to 360,000 last week, an unexpected jump of over 38,000 from the prior week's four year low. the obama economy seems stuck in neutral. recoveries fragile. yesterday the drop in gdp. tomorrow's january unemployment report expected to remain. critics said the president has not remained lazar focused on creating jobs, and the dissolution of the jobs council is just the latest example of that. fox news senior white house correspondent with our report. >> more than one year after his last meeting with the group, president obama is now reviewing the charter for is jobs council. the unemployment rate is falling a little more than a percentage point as the council's first meet
rates in order to broaden the overall tax base. the council's last official meeting one and one year ago. unemployment has dropped from more than 9 percent of the council's inception to the current rate of 78%, but more than 23 million americans remain of work or are stuck in part-time jobs , wanted full-time work for. meantime, we learned initial jobless claims rose to 360,000 last week, an unexpected jump of over 38,000 from the prior week's four year low. the obama economy seems stuck in...
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Jan 31, 2013
01/13
by
WBAL
tv
eye 91
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income tax nbc's kevin tibbles starts us off from there tonight. good evening. >> brian, 2013 is barely a month old and already 42 murders in the city of chicago. the latest has galvanized this city into taking action. >> no one gets a pass. >> reporter: today, chicago city officials went on the offensive. taking aim at gun violence by calling for background checks on gun buyers. >> loss of any child, in any community, in this city, is a loss to the entire city. >> reporter: moving 200 more officers from behind their desks to the streets. >> if i have to put a policeman here, 24 hours a day, 7 days a week, 365, we're going to make a point that this territory belongs to the community. >> i'm hadiya, year 2015. >> reporter: the victims have names and families. 15-year-old honor student, hadiya pendelton, has become the latest face of violence in this city. in sixth grade, she took part in an anti gang video. >> your job is to say no to gangs and yes to a great future. >> reporter: despite by laws that prohibit gunshots within city limits, more than a
income tax nbc's kevin tibbles starts us off from there tonight. good evening. >> brian, 2013 is barely a month old and already 42 murders in the city of chicago. the latest has galvanized this city into taking action. >> no one gets a pass. >> reporter: today, chicago city officials went on the offensive. taking aim at gun violence by calling for background checks on gun buyers. >> loss of any child, in any community, in this city, is a loss to the entire city. >>...
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Jan 31, 2013
01/13
by
FOXNEWSW
tv
eye 155
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i think it is a tough question to answer. >> bret: get down to brass tax here. votes, getting it through. what does it come down to, chuck? today, after the hearing, armed services chairman levin said i think he advanced his own cause here today. i don't think on the left and the right, according to twitter and e-mail and facebook and everything i read there were a lot of people who agreed with the chairman. >> well, the chairman is being loyal and saying what he should say in that regard. but i know that there -- as far as i understand, once cochran announced his support, previous to today it's probably the last one. are there going to be democrats who go wobbly? look back a few weeks and remember the schumer primary so to speak on the hague hague nomination. thought to be pivotal. he decided to take the plunge and support him. will the performance reverberates the way obama first debate performance did through the blo blogsphere and o forth, that's what you watch for. >> bret: senator graham was probing and he had tough questions but he got a concession in tha
i think it is a tough question to answer. >> bret: get down to brass tax here. votes, getting it through. what does it come down to, chuck? today, after the hearing, armed services chairman levin said i think he advanced his own cause here today. i don't think on the left and the right, according to twitter and e-mail and facebook and everything i read there were a lot of people who agreed with the chairman. >> well, the chairman is being loyal and saying what he should say in that...
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Feb 1, 2013
02/13
by
CSPAN
tv
eye 76
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people who should be paying taxes are living in the shadows. we need to make them fully contributing members for our society. our economy is denied the contribution of people who want to work hard and be productive members of the society. this has lingered unresolved for far too long. it is time to get it done, move on, and fixing our broken immigration system, and no one disagrees with that, is urgent. i support the efforts of this bipartisan group of senators. people always looking for acts of bipartisanship in this body. take a look at this. this is work that is exemplary and i commend each of them. it is an urgent priority. our nation needs a common-sense solution in a tough and smart path to citizenship for the estimated 10 million citizens in our country who are undocumented. i have been advocating these principles for years. i am pleased the bipartisan framework meets that criteria. i am encouraged to see progress and they are finding common ground. president obama has made immigration reform a top priority. it is my top priority. i am c
people who should be paying taxes are living in the shadows. we need to make them fully contributing members for our society. our economy is denied the contribution of people who want to work hard and be productive members of the society. this has lingered unresolved for far too long. it is time to get it done, move on, and fixing our broken immigration system, and no one disagrees with that, is urgent. i support the efforts of this bipartisan group of senators. people always looking for acts...
84
84
Jan 31, 2013
01/13
by
CSPAN2
tv
eye 84
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i think you completely missed the tax question. i think the answer drifted off to a different direction and you did not talk about if gasoline falls down in the percentage of fuel and that gas tax stays flat, where you get the revenue to do the road work. i think the interesting comments, but he did not answer the question. the second thing, you're talking about electric automobiles and things like that, the electric grid can handle electric automobiles and a power plants. there is a capacity in the state public utility commissions supportive of expansions in both generation and transmission which some of us in the field don't see. so two parts to that. >> anyone want to weigh in? >> let me jump, if i may, the state of california because we do have a policy favoring electric transportation, kara, the governor. maybe even more surprisingly to some of you the independent system operator leaders in construction of new renewal energy generating facilities in california. we still import a lot of electricity we know we are going to need
i think you completely missed the tax question. i think the answer drifted off to a different direction and you did not talk about if gasoline falls down in the percentage of fuel and that gas tax stays flat, where you get the revenue to do the road work. i think the interesting comments, but he did not answer the question. the second thing, you're talking about electric automobiles and things like that, the electric grid can handle electric automobiles and a power plants. there is a capacity...
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Jan 31, 2013
01/13
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CSPAN
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i will not quiz you on 841, so you can take a deep breath. 841 is designed to protect americans' tax dollars from corrupt contracts that the to benefit the enemy. we are working in provisions that will make more effective the procedures for terminating those contracts, getting back american dollars, extending those protections to non-defense dollars, and i hope that we can have your commitment to work with us on that area. >> you have that commitment. i will enthusiastically work with you in this area. >> thank you. i appreciate your frank and forthright answers, and i do not know whether i will be here for the second round of questioning, but i want to express my sincere gratitude to you for your willingness to serve and your patience and forthrightness in entering all our questions. thank you. >> thank you, senator blumenthal. >> thank you, senator hagel, for being here today and thank you for your service to this country. it is good to see your wife and brothers behind you as an indication of the family commitment as well as your personal commitment. there are several things i may
i will not quiz you on 841, so you can take a deep breath. 841 is designed to protect americans' tax dollars from corrupt contracts that the to benefit the enemy. we are working in provisions that will make more effective the procedures for terminating those contracts, getting back american dollars, extending those protections to non-defense dollars, and i hope that we can have your commitment to work with us on that area. >> you have that commitment. i will enthusiastically work with you...
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Jan 31, 2013
01/13
by
KGO
tv
eye 697
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quote 1
we know and we understand... tax laws, tax theories. this is my dream job. this is my favorite thing in the world to do. i've done 25,000 tax returns. you might say i've had some experience. i will back you up. bring it on. body washes with paper that reacts like skin. if others can strip this paper, imagine how harsh they can be to your skin. oh my gosh. [ female announcer ] dove is different. its new breakthrough formula changes everything. new dove. this is care. you're always on, so we're always ready. tyson grilled & ready chicken. made with all white meat, 98% fat free, and fully cooked. we'll take care of dinner, you take care of everything else. to say get well to your loved ones. this came for you, mommy. [ female announcer ] but when you send a kleenex® care pack, complete with america's softest tissue, you're also giving a warm gesture of care. kleenex®. america's softest tissue. and i'm really happy that you're in my life, too. it's just like yours, mom! [ jane ] behind every open heart is a story. tell yours with my open hearts collection at k
we know and we understand... tax laws, tax theories. this is my dream job. this is my favorite thing in the world to do. i've done 25,000 tax returns. you might say i've had some experience. i will back you up. bring it on. body washes with paper that reacts like skin. if others can strip this paper, imagine how harsh they can be to your skin. oh my gosh. [ female announcer ] dove is different. its new breakthrough formula changes everything. new dove. this is care. you're always on, so we're...
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145
Jan 31, 2013
01/13
by
KRON
tv
eye 145
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it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >> we're back. mac world 2013 opus a day at the mo scone center in san francisco appeared with a little bit of star power. action kutcher will be giving the keynote address, he will talk about what is like to play steve jobs in the upcoming movie jobs. the conference runs through sunday. >> i am more rigid and meeting mia kunis. >> modest gains for the dow up 20. spirit to london and 60 points below all-time high of 14,00198. this was in october 2007. in early 2009 the dow was down to 6469 to date modest gains. . >>7:09. we will be back with more in a couple man's this three days until the superbowl. >> taking a live look at what a creek traffic looks ok in concord. 38 degrees. mid-60s for the highs. 64 for concord. [ malema announnncer ]er everyderay tho tandsanf pef e le are choochsing angil®i. my nam ne is tisaho oand i'd m a fia guy g it'sit a lab l of ove. ve's a't otof lofor aor
it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >> we're back. mac world 2013 opus a day at the mo scone center in san francisco appeared with a little bit of star power. action kutcher will be giving the keynote address, he will talk about what is like to play steve jobs in the upcoming movie jobs. the conference runs through...
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209
Jan 31, 2013
01/13
by
CNNW
tv
eye 209
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zero fat. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ male announcer ] engine light on? come to meineke now for a free code scan read and you'll say...my money. my choice. my meineke. house will end its jobs council today. in a statement, the obama administration says in part, quote, the jobs council has always intended to have a two-year charter. its charter expires today. that group back in 2011 was chaired by jeff gimholt and comes one day after the latest jobs report comes out tomorrow. we'll see if it's a mistake or not. >>> talking about mistakes, even if -- even if it's a mistake, it's my mistake. i'd just rather live my truth and take the backlash. those are the words of superstar sing rihanna who in an interview with "rolling stone" confirms what many people have long suspected that she is indeed back with her former boyfriend chris brown. the two appeared publicly last month at a lakers
zero fat. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ male announcer ] engine light on? come to meineke now for a free code scan read and you'll say...my money. my choice. my meineke. house will end its jobs council today. in a statement, the obama administration says in part, quote, the jobs council has always intended to have a two-year charter. its charter...
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Jan 31, 2013
01/13
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CNBC
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eye 178
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ahead of the tax years, 268 billion in december of 2012. of course, we will pay for this surge, the surge in dividends at & ul rate, borrow from this year, dividends rising, still a ways to go to get back to the '08 level. but if we ever do, but this surely means fewer dividend payments for the rest of this year. there is an upside of this, of course, helps government revenue. the treasury having its best december since that tame 2004 december month with a gain. that is up from december a year ago there is the chart that we are talking about this is the month on month year-on-year change for december, going back to 1994. of course this dividend sloshing around could help stocks in january if it's not spent, got to be invested. some ends up in stocks, see if some ends up in spending. >> interesting. you got to wonder if the rotation into stocks out of bonds was that or if it was rotation out of dividend payment nice stocks. >> some people plot it back in, go back into stocks. >> your thoughts on mfp tomorrow and the degree which the last few
ahead of the tax years, 268 billion in december of 2012. of course, we will pay for this surge, the surge in dividends at & ul rate, borrow from this year, dividends rising, still a ways to go to get back to the '08 level. but if we ever do, but this surely means fewer dividend payments for the rest of this year. there is an upside of this, of course, helps government revenue. the treasury having its best december since that tame 2004 december month with a gain. that is up from december a...
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121
Jan 31, 2013
01/13
by
CSPAN
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eye 121
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guest: dealers can explain the tax credit that exists for consumers. it is important to keep a variety of options available for consumers. if we are going to meet the 2025 standards of 52.5 miles per gallon, it is going to take not just more hybrid vehicles, but it will also take continued improvement in the efficiency of the internal combustion engine, and companies are focused on that. when you walk around the auto show, they will have exhibits that show some of the things they're doing that make the traditional gasoline-powered engine even more efficient and increase gas mileage. host: next call from matt blunt, president of the american automotive policy council -- dug in syracuse, new york. caller: good morning. mr. blunt, i wonder if you could explain to the american taxpayer and consumer why the taxpayer bailout should not be totally paid back by the government, to the government, by the big three auto makers. guest: you know, the government has an ownership stake in general motors today. they have worked with the government, a general motors an
guest: dealers can explain the tax credit that exists for consumers. it is important to keep a variety of options available for consumers. if we are going to meet the 2025 standards of 52.5 miles per gallon, it is going to take not just more hybrid vehicles, but it will also take continued improvement in the efficiency of the internal combustion engine, and companies are focused on that. when you walk around the auto show, they will have exhibits that show some of the things they're doing that...
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Jan 31, 2013
01/13
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CURRENT
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he raised taxes, seven out of eight years that he was president. he supported a ban on assault weapons. he supported and signed a bill creating amnesty for 3 million people who came here illegally. >> what a liberal. >> bill: if republicans -- ronald reagan could not get elected in the republican primary today and i just wish that -- not that i'm a great big fan of ronald reagan. but i wish republicans would just stop worshipping ronald reagan and start following him, start imitating him, and get that practical side to problem solving that ronald reagan did have. and he did support a ban on assault weapons, and in fact president obama quoted ronald reagan when he introduced his own gun-control measures. so immigration still probably going to happen before gun control, but the gun control battle has definitely joined after yesterday's hearing. bill joining us how are you? >> caller: hey, bill i just wanted to echo what ike said from charleston. >> bill: yeah. >> caller: and in addition to that -- >> bill: by the way it is amazing, isn't it? that aus
he raised taxes, seven out of eight years that he was president. he supported a ban on assault weapons. he supported and signed a bill creating amnesty for 3 million people who came here illegally. >> what a liberal. >> bill: if republicans -- ronald reagan could not get elected in the republican primary today and i just wish that -- not that i'm a great big fan of ronald reagan. but i wish republicans would just stop worshipping ronald reagan and start following him, start...